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WorksheetsCareer Management Unit 1
Total questions: 25
Worksheet time: 12mins
Name
Class
Date
1.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
2.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
3.
An entrepreneur is someone who works for themselves.
a)
True
b)
False
4.
Most entrepreneurs work long hours, but they create their own schedule.
a)
True
b)
False
5.
ALL entrepreneurs have a college degree.
a)
True
b)
False
6.
What percentage of American workers are expected to be self-employed by 2020?
a)
10%
b)
20%
c)
30%
d)
40%
7.
How do MANY people become millionaires?
a)
They save aggressively, avoid debt, and invest their money.
b)
They win the lottery.
c)
The inherit it from family.
d)
They avoid the stock market.
8.
Entrepreneurs have to find their own health insurance and plan for retirement.
a)
True
b)
False
9.
Entrepreneurs do not pay taxes to the IRS.
a)
True
b)
False
10.
Which is a common characteristic of an entrepreneur?
a)
organized
b)
vindictive
c)
impressionable
d)
irresponsible
11.
The act of assuming the risk of organizing productive resources to produce goods and services.
a)
business
b)
critical thinking
c)
entrepreneurship
d)
risk management
12.
Which one of these is NOT a characteristic of an entrepreneur?
a)
risk taker
b)
idea person
c)
generalist
d)
specialist
13.
Who created Facebook?
a)
Mark Zuckerberg
b)
Elon Musk
c)
JK Rowling
d)
Walt Disney
14.
Business entity that is easy to start and has a single owner.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
15.
Business entity with two or more owners that share the company's profits and losses.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
16.
Business entity that blends elements of partnership and corporate structures.
a)
proprietorship
b)
limited liability company
c)
partnership
d)
corporation
17.
Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
18.
Any reward or benefit that motivates people to do something.
a)
incentive
b)
money
c)
bonus
d)
financial gain
19.
Getting people together to accomplish goals and objectives using available resources.
a)
leadership
b)
management
c)
entrepreneurship
d)
franchising
20.
When private entrepreneurs purchase the rights to open and run a location of a larger company.
a)
corporate model
b)
franchise
c)
partnership
d)
private enterprise
21.
Exclusive rights given to the inventor of a product, for a specific period of time, to protect them from others copying their product.
a)
copyright
b)
trademark
c)
patent
d)
exclusivity rights
22.
Exclusive rights to symbols or designs.
a)
trademark
b)
patent
c)
copyright
d)
exclusivity rights
23.
What's this called?
a)
patent
b)
trademark
c)
company thing
d)
copyright
24.
Process of examining the advantages and disadvantages of each available choice and then making a decision.
a)
cause and effect
b)
cost/benefit analysis
c)
marketing plan
d)
correlation analysis
25.
Which type of business is typically traded on a stock exchange?
a)
proprietorship
b)
local franchise
c)
public corporation
d)
small partnership
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